Obama’s role in helping to create this financial crisis is huge and this important fact is beginning to make its way across the country. However, hearing John McCain yesterday say that this is a time “not to point fingers, but to fix the problem” (I paraphrase), it occurred to me that Obama’s role in the subprime lending affair and its eventual impact on the financial markets is at least one of the “October Surprises”…otherwise McCain would turn both barrels on Obama right now. That is certainly one of the reasons the Democrats were so hysterical yesterday…the Republicans in Congress and the McCain camp are holding their fire until closer to the election (we saw “the whites of their eyes yesterday”).

From National Review (Mona Charen), there is this (emphasis added)…

ACORN attracted Barack Obama in his youthful community organizing days. Madeline Talbott hired him to train her staff — the very people who would later descend on Chicago’s banks as CRA shakedown artists. The Democratic nominee later funneled money to the group through the Woods Fund, on whose board he sat, and through the Chicago Annenberg Challenge, ditto. Obama was not just sympathetic — he was an ACORN fellow traveler.

Now you could make the case that before 2008, well-intentioned people were simply unaware of what their agitation on behalf of non-credit-worthy borrowers could lead to. But now? With the whole financial world and possibly the world economy trembling and cracking like a cement building in an earthquake, Democrats continue to try to fund their friends at ACORN? And, unashamed, they then trot out to the TV cameras to declare “the party is over” for Wall Street (Nancy Pelosi)? The party should be over for the Democrats who brought us to this pass. If Obama wins, it means hiring an arsonist to fight a fire.

[...]

Tags: financial meltdown, hiring an arsonist to fight a fire, Mona Charen, National Review, NRO, obama